Deeper Analysis
Bank of Japan Tankan Survey Results a Mixed Bag
June 30, 2011
10,997 companies participated in the latest quarterly survey of Japan’s central bank. In the table below which documents the evolution of results, abbreviations used in the first four columns of data stand for big manufacturers (Bm), big non-manufacturer (Bnm), small manufacturers (Sm) and small non-manufacturers (Smn). Where no “a” or “f” suffix is shown after […] More
Deeper Analysis
June and Second Quarter in Figures
June 30, 2011
Despite great concern about Euroland’s peripheral members, the euro advanced against the dollar in both June and the second quarter. Among currencies monitored below, the dollar only rose against sterling during June, but the rate of yuan appreciation was much slower than in April or May. Three-month Euribor rates edged higher in anticipation of a […] More
Deeper Analysis
Canada Experiencing Higher Inflation But Softer Growth
June 30, 2011
May consumer price data released yesterday revealed an acceleration of inflation to a 12-month increase of 3.7%, up from 3.3% in April and the most since March of 2003. The annualized increase of the seasonally adjusted total consumer price series between December and May was also 3.7%. A 2.4% December 2010 versus December 2009 increase […] More
New Overnight Developments Abroad - Daily Update
Mid-2011 Sees Euro Touch $1.4523
June 30, 2011
Today ends the month of June and second quarter. QE2 expires in the United States. The euro has firmed 0.3% on balance to $1.4475 but broke above $1.4500 in earlier overnight trading. Today is an active day from a data release stand-point. A second critical Greek vote of approval is need today, this time to […] More
